Spotify’s stock price has been on a promising upswing, with analysts setting ambitious targets as shares edge near $400. The last time SPOT approached this mark was in early 2021, fueled by high-profile content deals, but concerns over profitability and market pressures pulled it down to the $70s in 2022. Under CEO Daniel Ek’s direction, Spotify shifted focus to profitability, cutting unnecessary expenditures. Analysts are optimistic, with targets ranging up to $490 from firms like Morgan Stanley and Deutsche Bank, driven by projected subscriber growth, podcasting, and ad revenue.
Comments
Mark Zuckerberg Dethroned: Three 22-Year-Old Mercor Founders Become Youngest Self-Made Billionaires
Mercor’s 22-year-old founders have become the world’s youngest self-made billionaires after a $350 million funding round valued the AI recruitment startup at $10 billion, surpassing Mark Zuckerberg’s record. Mercor, a fast-rising recruitment startup powering AI model training for Silicon Valley’s biggest labs, has created the world’s youngest self-made billionaires. Three 22-year-old cofounders, including two Americans of Indian origin, have dethroned Mark Zuckerberg as the world’s youngest sel
O A
Soho House Acquired for £2 Billion as Ashton Kutcher Joins Board
Private members' club chain Soho House has been snapped up for $2.7bn (£2bn) by a consortium involving Hollywood actor turned investor Ashton Kutcher. The group opened its first club in London in 1995, and now has 46 Soho Houses in Europe, North America and Asia, as well a string of other up-market hospitality businesses. It is widely regarded as being a popular haunt of A-list celebrities, and one of its London venues was reportedly where Prince Harry and Meghan Markle had their first date.
O A
Kiefer Sutherland Arrested in L.A. After Alleged Assault on Ride‑Share Driver
Actor Kiefer Sutherland has been arrested in Los Angeles after allegedly assaulting a ride‑share driver during an incident earlier this month. According to NBC News, police say the arrest took place on January 12 after officers responded to a disturbance involving a driver and passenger near Hollywood. Sutherland was taken into custody on suspicion of making felony criminal threats and later released after posting a reported $50,000 bond, with a court appearance expected in early February. Law‑
B P
T.I. Marks Official Return To Music With New Single, ‘LET EM KNOW’
T.I. has made his official (and final) return to music with his latest single, “LET EM KNOW.” It features production from Pharrell Williams and is the first single off the rapper’s upcoming album, Kill The King. The track begins with Williams’ iconic four-count start as T.I. reminds folks he’s still the King Of The South, tapping back into his Trap Muzik roots. “Big dog, all we get is bread, I ain’t never scared/Big flex on a n***a head,”he raps.“What I’m standing on? Business, big check, we do
O A
US Pauses Immigrant Visas From 75 Countries — Not International Marriages
A new Trump administration policy has triggered global concern by ordering an open‑ended pause on immigrant visa processing for nationals of 75 countries, but it does not ban U.S. citizens from marrying people from those countries. Americans remain free to marry whomever they choose; what changes is whether their spouse can obtain an immigrant visa or green card to live with them in the United States. Under guidance issued this month, U.S. consulates will stop issuing most immigrant visas—from
B P
J. Cole Raps about His Life in Reverse as He Prepares for ‘The Fall-Off’ Album Release
J. Cole has set February 6 as the release date for his highly anticipated album ‘The Fall-Off,’ ending years of speculation. The announcement on Thursday arrived with a trailer that mirrors the 40-year-old rapper’s introspective and grounded persona. Filmed in muted tones, the trailer depicts Cole in two ordinary scenes: rinsing his car at a self-service wash and dining alone at a quiet diner counter. “Everything is supposed to go away eventually” a voice is heard speaking in the background o
O A